Search
 

Service Focus Helps Hillwood Lease Up Alliance

The most obvious perk is the presence of a BNSF Intermodal facility capable of handling 600,000 containers and trailers per year.

By John McCloud | Updated on April 08, 2009

FORT WORTH, TX-A top executive from Hillwood Properties attributes the company’s recent success securing two new industrial leases at its Alliance Global Logistics Hub to a comprehensive program of services that go far beyond what most landlords offer their tenants. The new leases, completed in late March, total more than 650,000 square feet.

“If we were simply a real estate developer that was focused just on the box, the building, I don’t think that would get us far in the current economic climate,” Hillwood senior vice president Bill Burton tells GlobeSt.com. “There are a lot of good developer and good buildings out there right now. But we spend almost as much time working on issues like labor, productivity and efficiency at moving products as we do on development. That really makes the difference in getting tenants to sign.”

According to Burton, the Fort Worth-based developer has signed one million square foot of leases at Alliance since January. Several were renewals or expansion by existing tenants, but Alliance Brokers Inc. signed a new lease for 292,500 square feet of logistics space in Alliance Westport 20 and Q-Edge signed for 365,440 square feet of manufacturing and distribution space in Alliance Gateway 2. Alliance Brokers, an affiliate of Dallas-based Trans-Trade Inc., is a logistics company specializing in transporting heavy-load containers. Q-Edge, a subsidiary of Taiwan’s FoxConn Electronics, is an electronics assembler and distributor.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.